MORS Welcomes New Swedish Client for its ALM solution 

MORS Software, award winning provider of Treasury and Asset Liability Management (ALM) solutions for banks, welcomes a new Swedish client to the MORS family. The bank is a prominent consumer finance bank that operates as an online bank across Europe. The client will be using MORS ALM capabilities and specifically MORS Interest Rate Risk in the Banking Book (IRRBB) module, deployed as a SaaS solution. MORS was selected by the bank to provide a solution for ensuring the bank is compliant with the new IRRBB regulatory rules. MORS was selected by the bank to provide a solution to ensure the bank is compliant with the new IRRBB regulatory rules by the deadline, 30th of September 2024.

MORS IRRBB solution is compliant with the regulatory requirements set by the European Banking Authority (EBA) for managing interest rate risks, including the new provisions for Credit Spread Risk in the Banking Book (CSRBB). This state-of-the-art solution is not only compliant with the new regulatory requirements but also offers comprehensive tools and analytics for internal risk and performance management.    

For more information about MORS Software and its solution.